Magnachip Semiconductor
84 hedge funds and large institutions have $372M invested in Magnachip Semiconductor in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 16 reducing their positions, and 21 closing their positions.
169% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 16
115% more call options, than puts
Call options by funds: $1.64M | Put options by funds: $761K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.35% less ownership
Funds ownership: 90.1% → 89.75% (-0.35%)
11% less funds holding
Funds holding: 94 → 84 (-10)
17% less capital invested
Capital invested by funds: $446M → $372M (-$74.1M)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archer Capital Management
New York
|
+$16.8M |
| 2 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
+$13.7M |
| 3 |
Barclays
London,
United Kingdom
|
+$7.13M |
| 4 |
BCM
Brigade Capital Management
New York
|
+$3.27M |
| 5 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$12.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$11.5M |
| 3 |
LCM
Lakewood Capital Management
New York
|
-$10.1M |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$9.87M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
LPL Financial
San Diego,
California
| – | -$159K | -11,284 | Closed |
|
|
PCM
102
Prelude Capital Management
New York
| – | -$51K | -3,600 | Closed |
|
103
Creative Planning
Overland Park,
Kansas
| – | -$10K | -700 | Closed |
|
|
FHA
104
First Horizon Advisors
Memphis,
Tennessee
| – | -$5K | -372 | Closed |
|
105
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -75 | Closed |
|
MX Hedge Fund Activity: Q3 2014 in Review
84 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q3 2014, worth a combined $372M — down 17% from $446M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MX and 11 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 43 added.
The largest buyer was Archer Capital Management, opening a new position worth an estimated $16.8M. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $12.9M.
- 84 institutional investors held Magnachip Semiconductor (MX) as of Q3 2014, down from 94 in Q2 2014.
- Funds reported $372M of Magnachip Semiconductor stock for Q3 2014, down 17% quarter-over-quarter.
- 11 funds opened new Magnachip Semiconductor positions in Q3 2014 and 21 closed out, a net change of -10 holders.
- The largest Magnachip Semiconductor buyer in Q3 2014 was Archer Capital Management, an estimated $16.8M added.
- The largest Magnachip Semiconductor seller in Q3 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2014.